Sensex up 358 pts on robust growth proj Eco Survey

The benchmark Bombay Stock Exchange (BSE) index Sensex soared over 358 points to regain the 29,000-mark during afternoon trade as buying activity picked up after the Economic Survey 2014-15 projected the domestic economy to grow at 8.1-8.5 per cent in the 2015-16 financial year.

The report, which was authored by a Chief Economic Advisor Arvind Subramaniana-led team, positively impacted the market sentiment, brokers said.

The 30-issue BSE barometer opened at 28,865.12 on optimistic buying and gathered momentum, soon after the Economy Survey was tabled in Parliament by Finnace Minister Arun Jaitley, to regain the 29,000-mark by surging 358.57 points (or 1.25 per cent), at 29,105.22.